PARTICULARITIES IN EVALUATING BVB LISTED COMPANIES ON THE BASE OF MULTIPLES Cover Image

PARTICULARITĂŢI ÎN EVALUAREA PE BAZA MULTIPLILOR LA COMPANIILE COTATE LA BVB
PARTICULARITIES IN EVALUATING BVB LISTED COMPANIES ON THE BASE OF MULTIPLES

Author(s): Daniel Manaţe
Subject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: relative valuation; price multiples; valuation ratios; benchmark comparison; constant growth rate; bull market; bear market

Summary/Abstract: The paper presents the utility of relative valuation in the case of listed securities in relation to an appropriate benchmark derived from the market. Relative valuation ratios are important tools for sophisticated investors in identifying the mispricing of different capital markets, sectors or securities

  • Issue Year: 18/2008
  • Issue No: 1
  • Page Range: 105-110
  • Page Count: 6
  • Language: Romanian
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